House prices 6.4 percent up in January

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Prices of owner-occupied houses (excluding new constructions) were on average 6.4 percent higher in January 2017 than in January 2016. Since June 2013, the trend has been upward according to the price index of owner-occupied houses, a joint publication by Statistics Netherlands (CBS) and the Land Registry Office (Kadaster).

Prices 14.7 percent up from dip in June 2013

House prices reached a record high in August 2008. Subsequently, they fell to a low in June 2013. Since then, the trend has been upward. House prices are 9.9 percent below the record level of August 2008 and 14.7 percent higher than during the price dip in June 2013. The average price level of owner-occupied houses in January 2017 was the same as in January 2006.

House sales up again

According to figures released last Friday by the Dutch Land Registry Office, 16,555 residential property units were sold in January, a 39 percent increase relative to January 2016 and the highest number ever for the month of January.

Statistics Netherlands also publishes more detailed information by region and type of dwelling on a quarterly basis. The next set of quarterly data will be published on 21 April 2017.

Sources

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